535 W Eldorado St - Office FOR SALE


Decatur, IL 62522
$350,000 USD
217-422-3335
535 W Eldorado St, Decatur, IL for Sale
$350,000 USD
Office - FOR SALE
1/9
null | Request Cap Rate

535 W Eldorado St
Decatur, IL 62522


OVERVIEW

Investment opportunity: The first floor is currently leased to a healthcare service company with NNN lease structure and renewal options in place. The lower level space is vacant, which is a perfect opportunity for an owner user, or additional rental income after new tenant in place. Rock solid, brick building with over 3,600 square feet on each level. Plenty of parking. Property totals just shy of 1/2 acres on busy Eldorado Street (IL RT 36). Over 12,700 VPD. Centrally located only blocks away from the core of Downtown Decatur and Millikin University. Currently a great opportunity for a chance for an individual investor seeking both business space and income generation. Contact commercial brokers for additional property details.

FOR SALE DETAILS

PRICE

$350,000 USD

PRICE/SF

$48 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Park Plaza Building

PROPERTY TYPE

Office

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

B

YEAR BUILT

1975

SPRINKLERS

-

PARKING SPACES

30

LAND DETAILS

LAND ACRES

0.4 AC

LAND SF

17,424 SF

ZONING

B-2

APN/PARCEL ID

04-12-15-204-010

ASK ABOUT THIS PROPERTY

Zane PetersonMain Place Real EstateMore Info
217-422-3335

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Zane PetersonMain Place Real EstateMore Info
217-422-3335

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.